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INR

100 on cards for USDINR?Rupee has been trading in the consolidation range of 94-96.70, in the last couple of months. Although the dollar inflows from FCNR(B) were quite robust, the ongoing US-Iran war which keeping the crude at higher levels, higher bond yields across the developed markets and, the lack of hot sectors such as AI and semiconductors kept the FII outflows intact. Though FDI inflows have been good, this is not helping to sustain the rupee levels. As the rate hike cycle beginning across the DMs as well as i
by jayaprakash99
USD/INR - Bears Losing Grip, Next BullishHi traders, is this consolidation building the base for the next push higher? FX_IDC:USDINR is showing a clear improvement on H4. After breaking away from the previous descending trendline, price formed a rounded base and has gradually reclaimed the Ichimoku Cloud. The latest consolidation around 95.60–95.75 suggests buyers are still holding their ground. The area I’m watching is 95.30–95.48. If price pulls back into this zone and buyers defend it, I would continue to favor the upside tow
Long
by AuricVerse_HQ
When the Rupee Falls, Your Wallet Feels It TooWhy the USD/INR Rate Affects Every Indian — Even If You Never Trade Forex The Silent Tax in Your Pocket Most Indian retail investors never look at the USD/INR exchange rate. It feels like a Forex trader's problem. Not theirs. This is one of the most expensive misunderstandings in personal finance. In 2000, 1 USD bought ₹44. Today, it buys ₹95.6. That is a depreciation of over 112% in 25 years. You did not have to trade a single dollar for this to affect your life. Why? Because India Is an
NSE:NIFTYEducation
by khushaljain023
8
USDINR By KRS ChartsDate: 3rd July 2024 Time: 7:40 PM Why USDINR? 1. Everyone know INR is getting weaker against USD day by day, and same thing happened here since Oct 2022 but inside Rising Wedge Pattern in Weekly TF. 2. In Bigger view This Rising Wedge Pattern has formed around resistance line off Bigger Flag in Monthly TF. (Red Doted Line) 3. This pattern can either Breakout or Breakdown any side but after considering above both points its likely to Breakdown rather than Breakout till gre
Short
by KRSCharts
4
USDINR - all time highs will be taken out in November?USD is making some serious inroads. INR trailing behind unable to maintain the equilibrium. 83.4210 is the current ATH. Today we went up to 83.3010. TVC:DXY at 107. Continued FII selling will only add fuel to the fire. When the Indian media houses are gung-ho about the decadal that belongs to India & its growth story - the people outside are not that interested. TVC:US30Y quoting 4.945% looks exciting from a debt perspective ! -- A rising USDINR means the INR is getting devalued. Calen
Long
by viswaram
USDINR Possible Elliott wave counts Hello Friends Here we had shared possible Elliott wave counts on chart of USDINR, which is clearly showing that on bigger scale we are in 5th wave of some higher degree, in which we had finished wave (1)-(2)-(3) and currently we are in either in wave (4) or in wave 2 of wave (5). Also both scenarios are discussed in this video post, you can go through this video post which is explained in best possible way for Educational purpose only. I am not Sebi registered analyst. My studies are for educa
by RK_Chaarts
6
USDINR multi time frame aligned Elliott wave counts analysisUSDINR possible and aligned Elliott wave structure of multi time frames from monthly to hourly. Monthly chart Weekly chart Daily chart 4 Hourly chart 1 Hourly chart Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational pu
by RK_Chaarts
2
Small Buying opportunity in Bank NiftyAll the levels are marked on the chart When the price comes to our point of interest (If at all ) --> One can short 41400 PE with (40000 CE as hedge to reduce margin) -->Entry level :41380 spot -->SL level :41300 spot Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit remaining with trailing Stop loss. *SECURING THE TRA
NSE:BANKNIFTYLong
by Mo-Kri
BTC/USDT Hourly BreakoutBitcoin has broken out from a triangle pattern and this might trigger a rally towards 44000$. 44K being a stiff resistance can cause reversal at higher levels. A minor Resistance is also seen at 42500$ which could also act as a trend reversal point. Breakout might retest in the trendline which could be a potential safe entry. Price needs to sustain above the broken trendline for bulls to act. In case of a fakeout Bears will enter and drag the price further down.
BINANCE:BTCUSDTLong
by tradewidmufeeth
2
Rupee Should Get stronger and come back to 75.5 Rs per Dollar Interesting Price Action and charts pattern are being observed in USD/INR currency pairs. 1. The Cup and Handle Formation. Cup formation can continue or Handle pattern can be formed and price can shoot up. As global situations are pacifying. We believe, rupee should get bit stronger. 2. All time high Resistance We have seen previously, sell of from these high levels in past. 3. ABCD harmonic According to these Rupee can test Neck o
by About_Bazaar